Proceedings of the First Multidiscipline International Conference, MIC 2021, October 30 2021, Jakarta, Indonesia

Research Article

The Role of Domestic Investment is on Reducing Poverty in 9 Provinces in Java, Bali, NTT and NTB

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  • @INPROCEEDINGS{10.4108/eai.30-10-2021.2315837,
        author={Suryatno Wiganepdo S and Sugiyanto Sugiyanto},
        title={The Role of Domestic Investment is on Reducing Poverty in 9 Provinces in Java, Bali, NTT and NTB},
        proceedings={Proceedings of the First Multidiscipline International Conference, MIC 2021, October 30 2021, Jakarta, Indonesia},
        publisher={EAI},
        proceedings_a={MIC},
        year={2022},
        month={1},
        keywords={pmdn; poverty},
        doi={10.4108/eai.30-10-2021.2315837}
    }
    
  • Suryatno Wiganepdo S
    Sugiyanto Sugiyanto
    Year: 2022
    The Role of Domestic Investment is on Reducing Poverty in 9 Provinces in Java, Bali, NTT and NTB
    MIC
    EAI
    DOI: 10.4108/eai.30-10-2021.2315837
Suryatno Wiganepdo S1,*, Sugiyanto Sugiyanto1
  • 1: Universitas Borobudur, Jakarta, Indonesia
*Contact email: surwiga@gmail.com

Abstract

The goal of this research is to determine the role of domestic investment in poverty reduction in nine provinces across Java, Bali, East Nusa Tenggara (NTT), and West Nusa Tenggara (NTB). This study employs quantitative approaches, drawing on data from the Central Bureau of Statistics, Bank Indonesia, and the Ministry of Finance. Manpower and Transmigration. The analysis used the method of panel least square dummy variables by conducting a combination analysis of time series data and cross section data by taking samples in 9 Provinces in Java, Bali, NTT and NTB. The amount of data used is a ten-year span, i.e., from 2010 to 2019. The results of the study proved that when there was an increase in domestic investment in 9 provinces in Java, Bali, NTT and NTB, the poverty rate of eight of the nine provinces studied had a positive and significant effect while one other province, Banten, had no significant effect. So, it can be concluded that PMDN in general has a significant effect on reducing poverty in Java, Bali and Nusa Tenggara.